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For the facts about numismatics And paper money collecting and how to make your hobbly an investment

Saturday, December 27, 2008

Why I Like ebay canadian 1967 silver dollars

Numismatists Article Of The Day



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Bullish investors may choose to leverage their position by borrowing money against their existing gold assets and then purchasing more gold on account with the loaned funds. In order to keep the cost of debt to a minimum, these individuals would normally seek a loan in the currency with the lowest borrowing rate, which, as of April 2006, was the Japanese yen. This technique is referred to as a "yen-gold carry trade". Leverage may increase investment gains but increases risk, as, if the gold price decreases, the investor may be subject to a margin call. Leverage is also an integral part of buying gold derivatives and unhedged gold mining company shares.
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Coin collectors are much more common than old money collectors of the paper variety, though the latter are still quite active and manage to find some rare items occasionally. That paper variety may include pre US colonial currency, money from the beginning of the 19th century, currency from the Confederate States of America and also some souvenir cards of old money as the money itself are almost impossible to find and twice as hard to purchase.
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Collecting paper money is an exciting hobby that is growing in popularity for many reasons. For one thing it's becoming increasingly easy to find interesting and attractive banknotes from around the world, with great visual, historical and cultural interest - often for only a few pence each. A banknote collection can be a fine investment. Many notes have been growing quite dramatically in value over the years, sometimes even over a few months. Besides this, the hobby is a great educator. It has something to teach everyone, about foreign culture, history, economics - and much more. As communication technologies brings the �global village' ever closer, it becomes ever more desirable to have a knowledge of foreign affairs and cultures. It's amazing how much knowledge of this kind you naturally absorb while enjoying this hobby. But collectors also love banknotes for their rich visual appeal. Every banknote collection is most definitely an art collection - and one of growing value.
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More ebay canadian 1967 silver dollars Information

New Godless - Plain Edge - Washington Dollar Error Coin FAQs

Fri, 09 Mar 2007 20:41:00 +0000
(About:Coins is such an excellent resource for coin collectors seeking information about the hobby that I didn't hesitate last year to allow my article about First Strike coins to be published on the...



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U.S. Mint "Last Chance" Sale!

Wed, 19 Nov 2008 18:27:00 +0000
The U.S. Mint is having a "last chance" sale! When they were cleaning out the Order Fulfillment Center in preparation for a move to a new facility, they found loads of forgotten old coins and sets...



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Wear Your Coins With Pride!

The Royal Canadian Mint (RCM) is offering a really neat collectible as part of their Vancouver Olympics 2010 coin program - wearable coins. The way it works is that...

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